NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Polymarket Perps against Popdex+0.027%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on Popdex Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.420%+$42 · spread now +0.027%, 7d avg +0.032%

Together, before fees+0.418%+$42 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex NEARUSDT	4.3640	0.0096	pay 0.0012% / 1h	59m 24s	$114K	$489K	50x
Short	Polymarket Perps NEAR-USD	4.3652	0.0100	get 0.0013% / 1h	59m 24s	$204K	$3.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Popdex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PopdexbpFee Polymarket PerpsbpOrdersPrice spread, now +0.027%Rate

Funding earned: $0.84
Price spread: +0.027% → +0.032%: −$0.46
Slippage, 4 orders: −$15.23
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$29.25
Costs to cover: 0.296%
Break-even: 250.8 days

Slippage from Popdex: live order book, 4 min ago; Polymarket Perps: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Popdex live order book, 4 min ago	2.29 bp	8.3 bp −$8	70.0 bp −$700	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	1.49 bp	8.3 bp −$8	12.6 bp −$126	doesn't fit	doesn't fit

NEAR on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.3599	−0.095%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3386	−0.582%	$2.2M	$14.2M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3708	+0.155%	$108K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3505	−0.309%	$551K	$19.4M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3614	−0.058%	$197K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.110%	$578	$302K	12x	as long as short
Popdex NEARUSDTlong	+0.0096%	1h	4.3640	long leg	$114K	$489K	50x
Pacifica NEAR	+0.0100%	1h	4.3701	+0.140%	$413K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3639	−0.003%	$264.7M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3606	−0.078%	$219.5M	$416.6M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3590	−0.115%	$62.1M	$288.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3670	+0.069%	$208K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3555	−0.195%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3647	+0.016%	$31.5M	$61.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3630	−0.023%	$75.6M	$139.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3640	0.000%	$53.9M	$43.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3607	−0.076%	$71.6M	$125.9M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3640	0.000%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3517	−0.281%	$8.4M	$18.3M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3545	−0.218%	$269K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3541	−0.228%	$1.4M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3520	−0.275%	$194K	$778K	50x	as long as short
Polymarket Perps NEAR-USDshort	+0.0100%	1h	4.3652	+0.027%	$204K	$3.6M	10x
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3455	−0.424%	$60K	$190K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3510	−0.298%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3440	−0.458%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3520	−0.275%	$454K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3410	−0.527%	$3.8M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3612	−0.064%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3610	−0.070%	$3.8M	$18.6M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3454	−0.426%	$202K	$34K	3x	as long as short
Aster NEARUSDT	+0.0177%	8h	4.3664	+0.055%	$3.0M	$5.5M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0218%	1h	4.3440	−0.458%	$8.1M	$41.1M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0256%	1h	4.3464	−0.403%	$1.9M	$4.3M	25x	as long as short
Hyperliquid NEAR	+0.0314%	1h	4.3684	+0.101%	$367.8M	$306.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0347% / S −0.0243%	1h	4.3443	−0.452%	$254K	—	100x	as long as short
01 Exchange NEARUSD	+0.0408%	1h	4.3662	+0.050%	$13K	$7K	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3584	−0.128%	$1.8M	$2.5M	10x	as long as short
Nado NEAR-PERP	+0.0716%	1h	4.3616	−0.054%	$1.9M	$3.1M	10x	as long as short
Lighter RH NEAR	+0.0768%	1h	4.3749	+0.250%	$1.6M	$7.1M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0798%	1h	4.3487	−0.351%	$1.5M	$6.3M	20x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.3671	+0.072%	$551K	$1.3M	10x	as long as short
Lighter NEAR	+0.1704%	1h	4.3773	+0.305%	$17.5M	$25.5M	15x	as long as short
Aftermath Perps NEARUSD	+0.1709%	1h	4.3682	+0.096%	$5K	$12K	10x	as long as short